$DOT
Polkadot (DOT) is currently trading at $4.632, showing minor gains after bouncing off the $4.412 support. The price is stuck below the recent peak of $4.821, facing stiff resistance. Here's an updated analysis:
*Key Levels to Watch:*
- *Support Zone:* $4.519 - $4.580
- *Immediate Resistance:* $4.661 - $4.727
*Short-Term Trade Setup:*
- *Entry Zone:* $4.62 - $4.67
- *Take Profit Targets:*
- *TP1:* $4.69
- *TP2:* $4.74
- *Stop-Loss:* Below $4.58
If bulls hold current levels and push past $4.66 with volume, it could open the door for a quick move toward higher resistance. Recent market data shows ¹:
- *Current Price:* $4.69
- *24-hour Change:* 2.74% increase
- *Market Cap:* $7.50 billion
However, other sources indicate varying price movements ² ³ ⁴:
- *Price:* $4.57 - $4.64
- *24-hour Change:* -0.63% to 0.92% increase
- *7-day Change:* -8.94% to -11.14% decline
Considering the current market trends, it's essential to monitor the resistance levels and adjust trading strategies accordingly ⁵. $DOT